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12 startup funding rounds in Asia last week

 

Funding Weekly - 720px

This week is another big one as we saw 12 startups in Asia get funded.

1. 24tidy | China

24tidy, a startup that does your laundry for you, raised a funding round of “tens of millions” of RMB from the investment branch of Oriza Holdings.

2. Aihuishou | China

Chinese electronics recycling startup Aihuishou scored a US$8 million series B round of funding led by the International Finance Corporation (IFC), followed by previous investor Morningside Ventures.

3. Lvmae | China

Online logistics search platform Luvmae successfully raised RMB 10 million (US$1.6 million) in seed funding.

4. FangDD | China

Shenzhen-based real estate platform Fangdd has secured US$80 million in series B funding from Vision Knight Capital China Fund, Lightspeed China Partners, and existing investor CDH Venture.

5. FXTrip | China

FXTrip, a travel itinerary planning site, has raised millions in series A funding from Shunwei China Internet Fund, a fund that was set up by Xiaomi’s founder Lei Jun.

6. Writepath | Taiwan

Writepath, a multi-lingual editing and online translation startup, has nabbed US$500,000 from B-Dash Ventures and Pinehurst Advisors. The new fund will be used for its expansion efforts in Asia.

7. Naldo | Korea

Last-mile online delivery service Naldo has announced that it got series A funding from Softbank Ventures Korea and Qualcomm Ventures. The new funding will help scale its business and pump up both its marketing and product development efforts.

8. LiB | Japan

LiB, an executive job search site for women, secured 70 million yen (US$688,000) from CyberAgent Ventures and East Ventures. (Disclosure: East Ventures is also an investor in TechinAsia. See our ethics page for more information.)

9. Curazy | Japan

BitGather, the Tokyo-based startup behind viral content site Curazy, has wrapped up 100 million yen (US$1 million) from CyberAgent Ventures, DeNA, and Skyland Ventures.

10. Handsshare | Japan

Handsshare, the Tokyo-based startup that created construction industry-focused job matching sire Tsukulink, announced it raised 50 million yen (US$500,000) from Nissay Capital.

11. RedMart | Singapore

Online grocery startup RedMart has raised US$23 million in a series B round led by Garena, with participation from Facebook co-founder Eduardo Saverin, SoftBank Ventures, and Visionnaire Ventures. The last two are first-time investors in RedMart.

12. Capillary | Singapore

Capillary Technologies, a Singapore-headquartered, Bangalore-based startup that has created a cloud-based service for offline retail stores to better engage customers, has raised a US$14 million series B round led by established Valley venture capital firms Sequoia Capital and Norwest Venture Partners. Both VCs have a presence in Bangalore, India.

Editing by Steven Millward

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